Why Live in Newark
Newark, located in Wayne County, New York, is a small industrial village nestled between Rochester and Syracuse. This village, with a population of around 9,000, features a vibrant local economy supported by a mix of larger corporations and small- to medium-sized machine shops. The Port of Newark along the Erie Canal is a developing area with bars and eateries, providing access to larger bodies of water like Lake Ontario and Cayuga Lake. Newark's downtown, centered around the busy intersection of Main Street (Route 88) and Route 31, hosts an array of boutiques, local restaurants, and breweries. Notable spots include Wegmans, Tom Wahl’s, Walmart, and Bee Tee’s ice cream shop. The village offers various recreational options, such as T. Spencer Knight Park with its boardwalk and access to the Empire State Trail, Perkins Park with playgrounds and fields, and Colburn Park, home to the Newark Pilots baseball team. The Alex Eligh Community Center provides indoor and outdoor sports facilities. Newark is served by the Newark Central School District, which has average ratings. Commuting is facilitated by Route 31 and I-90, with Rochester 30 miles west and Syracuse 55 miles east. The Frederick Douglass Greater Rochester International Airport is about 40 miles away. Newark experiences all four seasons, with cold, windy winters and mild summers.
Frequently Asked Questions
What is the average home price in Newark, NY?
Homes for sale in Newark, NY have an average home price of $186,059.
How many homes have sold over the last 12 months in Newark, NY?
84 homes have sold in Newark, NY over the last 12 months.
What are the most popular zip codes in Newark, NY?
How much do you need to make to afford a house in Newark?
The median home price in Newark is $169,900. If you put a 20% down payment of $34,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $880 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $38K a year to afford the median home price in Newark.
How are the schools in Newark, NY?
Home Trends in Newark, NY
On average, homes in Newark, NY sell after 16 days on the market compared to the national average of 50 days. The median sale price for homes in Newark, NY over the last 12 months is $201,000, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$201,000
Median Single Family Sale Price
$197,500
Average Price Per Sq Ft
$129
Number of Homes for Sale
7
Last 12 months Home Sales
84
Median List Price
$169,900
Median Change From 1st List Price
-13%
Median Home Sale Price YoY Change
12%